Private Limited Company Registration

Private limited company registration requires some legal steps and thoughtful processes. To complete the process of online company formation, you need to know about what is a private limited company, how to form private limited company, required documents for a company formation, benefits of private limited company formation, etc. 

As a reputable firm of Chartered Accountants in Delhi, we have years of experience in helping our clients in private limited company formation. Since the time of enquiry to arranging documents till submitting these online, we get in touch with you in the entire journey and guide you properly at every step until you can complete all.

Old-Businessman-PNG

Know More about Pvt Ltd Company

A private limited company is a privately held/owned business entity used in many jurisdictions in contrast to “public” ownership. It is basically one type of business structure that limits the liability of the owners to their shares and restricts shareholders from publicly trading shares. The number of shareholders can reach up to 50.

The private limited companies get registered with Ministry of corporate affairs MCA.

  1. Limited liability
  2. Legal Identity
  3. Trustworthiness
  4. Numerous tax benefits
  5. Recognition to the business
  6. The opportunity of getting investment
  7. Restricted trade of shares
  8. Funding for your business
  9. Continued existence
  10. Limited risk to personal assets
  11. Raising capital
  12. Continue existence
  13. Your liability as an individual is limited
  14. Enhanced brand image and improved trust factor

There are as many as six main types of company registration in India. Private Limited Company is one of the most popular forms of business entities in India.
Give below are different forms of company registration in India

  1. Private Limited Company
  2. Public Company
  3. Limited Liability Partnership
  4. Partnership Firm
  5. Small Campany
  6. One Person Company
  7. Proprietorship
  8. Section 8 Company
  9. Section 25 company

Besides, there are other forms of companies. Read more about forms of companies in India.

  • Address proof for registered office address 
  • Passport
  • Telephone Bill
  • Election Card or Voter Identity Card
  • Aadhaar Card
  • Ration Card
  • Utility Bill like Electricity Bill, Telephone Bill
  • Driving License
  • 2 days to get a digital signature certificate
  • 1 day for getting director identification number (DIN)
  • 5 days for the approval of the name
  • 5 days for company registration

From the above time calculation, the total days required is 13 days.

6 step Company Registration

A private limited company is the most common form of business entity prevalent in India. It is very easy to register, start, maintain and raise funds. A private limited company offers limited liability to its members, ensuring flexibility and assuring easy bank loan accessibility.

There are 6 simple steps laying ahead of you for the private limited company formation.

 

Digital signature certificate of the personnel is needed in Private Company Incorporation in India. The digital signature certificate is required for filling of e-forms online on the portal of MCA (the Ministry provided portal for online registration). Digital Signature Certificate is issued by the Certifying Authority in token form. It is valid for 1 or 2 years.

List of documents required for digital signature certificate:

  • Passport size photograph of the applicant or applicants
  • Self-attested Address proof of the applicant or applicants
  • Self-attested PAN card of the applicant or applicants

Director Identification Number or DIN is a unique identification number given by the Ministry of Corporate Affairs to the individual or in duals applying for the allotment of DIN. The number is assigned for a lifetime by the Ministry unless the holder or holders surrender or withdraw it.
The director or directors of a company shall receive and intimate the DIN during the time of Private Ltd company incorporation. Getting DIN is mandatory for getting an appointment as Director in any Company. The director or directors can use the DIN number for other company formation. He/she/they can get an appointment as Designated Partner in the LLP.

List of documents required for digital signature certificate:

  1. Passport size photograph of the applicant or applicants
  2. Self-attested address proof of the applicant or applicants
  3. Self-attested PAN card of the applicant or applicants
  1. The applicant or applicants can propose one or more suitable name for the company. It allows you to enjoy the flexibility while choosing the name until it is getting identical or similar to registered business entities or trademark.

Given below are conditions imposed on it

  1. The name chosen for a new company registration should not be similar or identical to any registered company or trademark.
  2. The name should not be one objected or prohibited under the ‘Emblems and names Act, 1950’.
  3. The name of the company must include the suffix “Private Limited Company “.

 

When the application for the company name or names are submitted, the registrar review, tally and approve one of the names requested by you. The process usually takes 3 to 5 working days to get approval.

After the approval of the name or names, the promoters need to submit the application and prescribed fees along with the documents mentioned below:

  1. Articles of Association (AOA)
  2. Affidavits of the Directors
  3. Declaration from Directors
  4. Memorandum of Association (MOA)

The applicant or applicants must submit the relevant information regarding this to the registered office within 15 days of registration or during filing of incorporation documents.

As per the Companies Act 2013, a subscriber has to sign his or her name. Each of the subscribers must share the company incorporated. They must have at least one share of the company. Each subscriber must sign over the memorandum in presence of at least one witness. Each of these must clearly state the following statements:
Address
• Personal Description
• Occupation
• No of shares subscribed
• Nature of shares

After filing the documents mentioned above and doing payment of necessary fees, the certificate of company incorporation is to be issued by the Registrar of Companies. After incorporation, the company becomes a legal person different from its members.

The process to register a private limited can seem to be a bit complex and time-consuming. This is why to help you do the job successfully VJM & Associates LLP keeps an expert pool of professionals specialized in registration of company. We are committed to helping startups, proprietors and entrepreneurs to register a private limited company.

What they say about us

We give full credit to VJM for streamlining our company’s GST compliance. Their dedicated team of learned professionals have a focussed approach & exceptional clarity when it comes to any questions pertaining to GST. I can say, without their support, it would not have been possible for us to sail past the initial turbulent period when GST was launched. Our best wishes always with them !
Siddharth Gupta
CEO, Craft Home, Export House

Service after company formation

Know more about our complete portfolio of Company formation Services.

ROC Compliances

As per The Companies Act, ROC compliances mainly include Annual filing. Apart from Annual filing, disclosure by directors, annual return draft, and updating the Statutory Register undergo ROC compliances. ROC compliances are mandatory. Any slack or negligence can lead to penalties, fines and other legal issues pertaining to the Company. 

At VJM & Associates LLP we have the team of experts having expertise and experience in Company Law Matters.

 

Corporate Law Advisiory

The Companies Act 2013 has offered a new era of corporate governance, transparency and investor activism. We have the expertise and in-depth knowledge of the entire subject.  We brainstorm on company compliances so that our clients can save time, money and labor to invest in their core competencies. 

We offer a wide range of services on Companies Act, 2013 under one roof to serve different types of companies including PSUs, MNCs, listed and unlisted companies.

Company Audit

VJM & Associates LLP specializes in offering company audit services, creating value for your time, money, labor, and business management. Our internal and management audits help companies grow faster and find out the weak areas that need improvements to reduce cost and increase profit margin. 

In an efficient IT environment, we create the Risk Management framework to offer you ‘Risk Based Audit’ (RBA) that minimizes upcoming risk and maximizes revenues.

Amendment in Pvt Ltd Company

Your search for expert in GST for the representation under GST comes to an end as soon as you reach VJM & Associates LLP. We have years of experience and exposure for representation to authorities at various levels. We have expertise in solving various issues related to a dispute between tax authorities and supplier under the GST.

GST Registration

GST Registration is an online process involving submission of several business details along with certain supporting documents. Prior to the GST registration, a critical analysis of various business and transaction aspects like – nature of business, types of supplies/ services, category of registration etc. are required to be undertaken. 

We, at V J M Associates LLP are equipped to provide qualitative value added services through the entire process of GST registration. 

Accounting and Taxation Compliances

With a dedicated team of Chartered Accountants in Delhi, offer a wide range of services on how to maintain your  companies and manage corporate income taxes including bookkeeping, accounting, financial statement preparation, electronic data transfer, corporate tax return preparation and paralegal services like preparation of annual shareholder report, tax refund, director resolutions, and annual filings. 

 

Why Choose us

Client Centric Approach

Client is the key driver of our service offerings.  Our approach to service offerings is based on a client centric and customised approach.  Our specialised teams are a mix of technical and industry experience in order to serve clientele for their specific needs.

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Turnaround

We always endeavour for a quick turnaround time to serve our clientele.  We are supported by an experienced and client focussed support teams to offer timely services to our clientele. In case of any business exigencies and time sensitive service requirements, you can always count on us.

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Work

We have built high performing teams supported by strong work ethic. Our team is a mix of experts, professionals and support staff from technical and varied academic, cultural, social and ethnic backgrounds.  We believe that this diversification plays a vital role in motivating the team into High Performing Teams.

Open
Communications

We believe that open communication is the core principle in order to demonstrate trust, build long lasting and valuable relationships with clientele.  We are committed to ensuring transparency in communication, service offerings and delivery. 

Driving quality in delivery

Our service offerings are driven by quality and reviews at every level. We strive to provide a qualitative and value-added delivery to our clientele. At all times, we endeavour to provide exceptional client service by meeting client expectations and driving client satisfaction.



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